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An important study on the effects of economic performance on elections.
Originally, economics was called political economy, and those studying it readily accepted that economic decisions are made in a political world. But economics eventually separated itself from politics to pursue rigorous methods of analyzing individual behavior and markets. Recently, an increasing number of economists have turned their attention to the old question of how politics shape economic outcomes. To date, however, this growing literature has lacked a cogent organization and a unified approach. Here, in the first full-length examination of how political forces affect economic policy decisions, Allan Drazen provides a systematic treatment, organizing the increasingly influential "new political economy" as a more established field at the highly productive intersection of economics and political science. Although he provides an extraordinarily helpful guide to the recent explosion of papers on political economy in macroeconomics, Drazen moves far beyond survey, giving definition and structure to the field. He proposes that conflict or heterogeneity of interests should be the field's essential organizing principle, because political questions arise only when people disagree over which economic policies should be enacted or how economic costs and benefits should be distributed. Further, he illustrates how heterogeneity of interests is crucial in every part of political economy. Drazen's approach allows innovative treatment--using rigorous economic models--of public goods and finance, economic growth, the open economy, economic transition, political business cycles, and all of the traditional topics of macroeconomics. This major text will have an enormous impact on students and professionals in political science as well as economics, redefining how decision makers on several continents think about the full range of macroeconomic issues and informing the approaches of the next generation of economists.
A cross-national study of the effect of economic conditions on voting behavior in the United States and the Western democracies
A reader on American government and the economy. It contains wide-ranging articles by people such as Richard Musgrave, Milton Friedman, James Buchanan, and Alan Greenspan.
The book shows how and why democracy has worked well or badly as measured by US macroeconomic performance.
Is it self-interest or public interest that dominates Western politics? This question has been debated in many fields, and through the 1980s a consensus developed, supported by extensive research, that in their political decisions and actions people are largely motivated by self-interest, not by common good. In this book, combining in a novel way insights from different fields, including rational choice theory, political philosophy, and electoral research, Leif Lewin examines more than two hundred studies of democracy in action from seventeen countries. He looks at the behaviour and attitudes of voters, bureaucrats, and politicians in turn, and challenges the accepted wisdom. In his wide-ranging review of the literature he shows that people are in fact actuated by broader considerations than their own short-sighted interests: that they act politically 'in the shadow of the future'; that they find there are overwhelming reasons to try to contribute to the long-term common good. Professor Lewin shows, in short, that the plausible and prevalent theory that egoism rules simply don't match the facts."
The Oxford Handbooks of Political Science is a ten-volume set of reference books offering authoritative and engaging critical overviews of the state of political science. Each volume focuses on a particular part of the discipline, with volumes on Public Policy, Political Theory, Political Economy, Contextual Political Analysis, Comparative Politics, International Relations, Law and Politics, Political Behavior, Political Institutions, and Political Methodology. The project as a whole is under the General Editorship of Robert E. Goodin, with each volume being edited by a distinguished international group of specialists in their respective fields. The books set out not just to report on the discipline, but to shape it. The series will be an indispensable point of reference for anyone working in political science and adjacent disciplines. What does democracy expect of its citizens, and how do the citizenry match these expectations? This Oxford Handbook examines the role of the citizen in contemporary politics, based on essays from the world's leading scholars of political behavior research. The recent expansion of democracy has both given new rights and created new responsibilities for the citizenry. These political changes are paralleled by tremendous advances in our empirical knowledge of citizens and their behaviors through the institutionalization of systematic, comparative study of contemporary publics--ranging from the advanced industrial democracies to the emerging democracies of Central and Eastern Europe, to new survey research on the developing world. These essays describe how citizens think about politics, how their values shape their behavior, the patterns of participation, the sources of vote choice, and how public opinion impacts on governing and public policy. This is the most comprehensive review of the cross-national literature of citizen behavior and the relationship between citizens and their governments. It will become the first point of reference for scholars and students interested in these key issues.
The Politics of Numbers is the first major study of the social and political forces behind the nation's statistics. In more than a dozen essays, its editors and authors look at the controversies and choices embodied in key decisions about how we count—in measuring the state of the economy, for example, or enumerating ethnic groups. They also examine the implications of an expanding system of official data collection, of new computer technology, and of the shift of information resources into the private sector. A Volume in the Russell Sage Foundation Census Series
In the 1970's, an “age of affluence” ended abruptly in Canada, Great Britain, and the United States. Skyrocketing inflation, persistent unemployment, and sluggish growth became new, oppressive realities for government and citizens alike. This book examines the changes that occurred in economic policymaking on the governmental level and the public's response to such changes. This timely collection of essays sheds light on the political economy of three of the world's oldest democracies in an era of economic distress and uncertainty.